Michael L. Alberts selected as the next President and CEO of Jewett City Savings Bank


For Immediate Release

For additional information, contact: Kevin C. Merchant President and Chief Executive Officer  860-376-4444 



JEWETT CITY, CONNECTICUT, July 8, 2021… The Board of Directors of Jewett City Savings Bank  (JCSB) is pleased to announce the selection of Michael L. Alberts as the Bank’s next President and CEO  effective September 8 upon the retirement of Kevin Merchant – the current President and CEO. This  provides a smooth transition in leadership for the Bank.  

Since 2015 Mike has served as the Senior Commercial Loan Officer and member of the Bank’s senior  management team guiding the Bank’s outstanding commercial loan growth with excellent relationship  development and portfolio management. He has helped develop a strong commercial lending/credit  team with collaboration and forward-thinking strategies; this team has been a critical factor in the Bank’s  financial success. 

Mike holds an MBA and BA from The University of Connecticut and is a licensed Certified Financial  Planner®. Mike was a Captain in the US Air Force and a Major in the Connecticut Air National Guard.  Formerly First Selectman of Woodstock, he served 12 years as a state legislator in Connecticut’s General  Assembly where Mike helped lead the Banking Committee; with nearly 35 years of banking experience,  he has been a strong industry advocate and a dedicated supporter of the Connecticut Bankers  Association’s mission to well-serve consumers. 

Mike is results-driven with excellent leadership qualities to execute on the vision and mission of JCSB – to maintain its mutual charter and lead the Bank with continued growth and solid bank performance. He  is committed to upholding JCSB’s core values of strengthening relationships both inside and outside the  Bank.  

A resident of Woodstock for more than thirty years, Mike is married to Cindy Alberts. Together they  have four children: Zachary and Cleo Alberts, and Kelly and Tyler Huhtanen. 

About Jewett City Savings Bank 

Since 1873, JCSB has been true to its mission – to be an independent, mutually owned community bank  that provides financial services to meet the needs of our communities. Every day, we strive to be a  responsible and trusted corporate citizen whose actions demonstrate the highest level of integrity,  community reinvestment, and equal opportunity. JCSB is a nearly $400 million mutual savings bank with  seven full-service offices in Putnam, Dayville, Brooklyn, Plainfield, Jewett City, Preston, and Pawcatuck,  Connecticut. 



Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top